Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   What business would not be axpected to have a large percentage of its current assets (https://www.askmehelpdesk.com/showthread.php?t=489686)

  • Jul 19, 2010, 04:25 AM
    ustassen
    What business would not be axpected to have a large percentage of its current assets
    A business that would not be expected to have a large percentage of its current assets in merchandise inventory would be a?
  • Jul 22, 2010, 08:29 AM
    kctiger

    A non-merchandising company. Think of companies that do not sell merchandise to make money. An extreme example would be a payday loan company. Most of that companies current assets are accounts receivable expected to be paid within one year.
  • Jul 23, 2010, 07:25 PM
    morgaine300

    ustassen -- first, please read the guidelines about posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

    We are not going to just give you the answer to your homework. You can tell us what you think and we can check it for you. Also, when it's multiple choice, there is no way anyone could know what the answer is anyway... it has to be the best answer out of the choices listed and we cannot know what your choices were.

  • All times are GMT -7. The time now is 12:39 AM.